Examples of Offtake Agreements in a sentence
The Parent will not, and will not permit any other Credit Party to, enter into any contracts for the purchase and sale of crude oil or any other Hydrocarbons other than Offtake Agreements.
Aron may elect to terminate the Supply and Offtake Agreements for the Big Spring and Krotz Springs refineries prior to the expiration of the initial term beginning in May 2018 and upon each anniversary thereof, on six months prior notice.
We further find that NIPSCO should recover the costs associated with the Solar Offtake Agreements through a rate adjustment mechanism under Section 42(a) and administered through its FAC proceeding (or successor mechanism).
In the event that any such Qualified Offtake Agreement has terminated, the Borrower shall designate another Qualified Offtake Agreement or enter into and designate one or more additional Qualified Offtake Agreements within 180 days following such termination to the extent necessary to meet the Base Committed Quantity.
The Borrower shall not, and shall not suffer or permit any other Obligor or any Specified Entity to be a party to any streaming, prepaid metal sales financing arrangements (other than Permitted Indebtedness) with respect to metals not yet produced or to any royalty arrangement (other than the Royalty Agreements) or to any offtake finance agreement (other than the Offtake Agreements entered into in the ordinary course and any provisional or true-up payments thereunder).